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Alexandra Purchased a $35,000 Automobile During 2017

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Alexandra purchased a $35,000 automobile during 2017. The business use was 70 percent. What is the allowable depreciation for the current year (ignore any possible bonus depreciation)? Exhibit10-8 Alexandra purchased a $35,000 automobile during 2017. The business use was 70 percent. What is the allowable depreciation for the current year (ignore any possible bonus depreciation)? Exhibit10-8

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$2,212
The maximum depreciatio...

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